May 27, 2009

Washington, DC, USA: Department of Energy Provides $117.6M for Solar Energy Commercialization

The Department of Energy will provide $117.6 million in Recovery Act funding to accelerate widespread commercialization of clean solar energy technologies across America. These activities will leverage partnerships that include DOE’s national laboratories, universities, local government, and the private sector, to strengthen the U.S. solar industry and make it a leader in international markets.

Photovoltaic Technology Development ($51.5 Million) DOE will expand investment in advanced photovoltaic concepts and high impact technologies, with the aim of making solar energy cost-competitive with conventional sources of electricity and to strengthen the competitiveness and capabilities of domestic manufacturers.

Solar Energy Deployment ($40.5 Million) Projects in this area will focus on non-technical barriers to solar energy deployment, including grid connection, market barriers to solar energy adoption in cities, and the shortage of trained solar energy installers. Combined with new technology development, these deployment activities will help clear the path for wider adoption of solar energy in residential, commercial, and municipal environments.

Concentrating Solar Power Research and Development ($25.6 Million) This work will focus on improving the reliability of concentrating solar power technologies and enhancing the capabilities of DOE National Laboratories to provide test and evaluation support to the solar industry.

“We have a choice. We can remain the world’s leading importer of oil, or we can become the world’s leading exporter of clean energy,” said President Obama. “We can hand over the jobs of the future to our competitors, or we can confront what they have already recognized as the great opportunity of our time: the nation that leads the world in creating new sources of clean energy will be the nation that leads the 21st century global economy. That’s the nation I want America to be.”

"We have an ambitious agenda to put millions of people to work by investing in clean energy technology like solar and geothermal energy,” Energy Secretary Steven Chu said. "These technologies represent two pieces of a broad energy portfolio that will help us aggressively fight climate change and renew our position as a global leader in clean energy jobs.”